News, analysis, data

MüHyp 20s pricing impresses as covered bonds march on

Posted on 27 October 2020


MünchenerHyp attracted over €1bn of orders at re-offer to a €500m no-grow mortgage Pfandbrief in the rare 20 year maturity today, which syndicate bankers praised for an aggressive execution strategy that ended up with a zero to even slightly negative new issue premium...

The page you have requested is available to registered users only.

Please log in to read the rest of this article and view the full site.

Log in

If you have forgotten your password, please enter the e-mail address you entered when registering for the site into the "reset password" box. You will then be sent a new password to enter on the next page, where you will also be given the option of choosing a new, more memorable password.

Reset password

If registering, you will be sent an e-mail confirming your username and password on pressing "register", as well as being taken to the homepage. If you have any problems accessing the site, please follow the link in the mail.

Register

Recent headlines:

Mixed signals as Rabobank hits mart with 1bn 20s

Size no issue as Oma hits sweet spot, gets book high

CBPP3 eases higher, PEPP boosts overall buying

Stadshypotek sets non-EZ tight, but demand off highs

Oma sub-benchmark due, but pipe empty despite positivity

Aegon eyes soft bullet move despite great CPT outcome

Investors still hungry despite impressive Bawag, OP levels

HSBC lays foundations for UK covered, eyes Canada euro

De Volksbank draws interest with highest yield in months

NBG benchmark programme upped to A3, Eurobank 2 to Baa2

CBPP3 returns to growth as redemptions fall

De Volksbank set to return with 20 year at higher yields

Lloyds targets switch to SOFR, Totta Brexit, CGD mergers

Aegon returns in fantastically timed 500m CPT fives

OP plans 2021 green covered debut, eyes year-end trade

CBPP3 portfolio shrinks in October on record redemptions

Vdp seeks less conservative bill, citing need for balance

US election centre stage as market takes a breather